S Westnedge Avenue Build-To-Suit/Ground Lease Opportunity

Vacant Land for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 28619018
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 0.34 Acres
Lease Rate: $1 Per Acre (Annual)
$0 PSF (Annual)
Base Monthly Rent: $0.03
Lease Types: Ground Lease, NNN
Last Updated: 7/6/2021

Overview / Comments

3904 S Westnedge Avenue is an approximately 0.34-acre build-to-suit/ground lease opportunity in the heart of the Kalamazoo retail corridor, just north of Interstate 94. This is prime real estate for a drive-thru eatery/café, bank with drive-thru access, or other retail options. The unparalleled management from The Hinman Company ensures premium service aimed at exceeding expectations. Skilled local property management works diligently to ensure the success of users by providing a professional, well-maintained property to compliment the unique needs of their businesses. Additionally, The Hinman Company has its own team of in-house construction and design professionals standing by to help create thoughtfully designed developments. Strategically located along S Westnedge Avenue, the site offers unmatched brand exposure with visibility to over 27,301 daily drivers on S Westnedge Avenue. The site also benefits from the area’s surrounding retail. Synonymous with destination shopping, The Crossroads is an nine-minute drive. Customers will appreciate the easy ingress and egress through an existing drive-thru loop. Users will benefit from the area’s built-in consumer base that features a mix of demographics. This great location features strong economic demographics that offers all the elements that make for a successful business. In addition to the daytime commuter traffic, a population of over 155,178 people lives within a five-mile radius of the property, with the average household income exceeding $67,981.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Submarket Type: Suburban
Taxing Authority: City of Kalamazoo
Tax ID/APN: 06-33-299-001
Zoning: CC - COMMUITY COMMERCIAL
Property Located Between: S Westnedge Avenue and Buchanan Avenue
Property Visibility: Excellent
Legal Description: G9-67-1 ASSESSORS PLAT OF BUCKINGHAM SUBDIVISION BEING A REPLAT OF BUCKINGHAM PLAT, Liber 14 of Plats Pages 26 & 27; The North 79ft of the East 198ft of Lot 78, except the East 11ft.
Largest Nearby Street: S Westnedge Avenue
Feet of Frontage: 79
Traffic/Vehicle Count: 27,301
Highway Access: Interstate 94 - 1.1 Miles
Airports: Kalamazoo/Battle Creek International Airport - 2.6 Miles
Area Description: South Kalamazoo residents enjoy a mostly quiet suburban atmosphere, filled with large homes and attractive apartment complexes. Located about 5 minutes south of Downtown Kalamazoo, the South Kalamazoo area has been rapidly growing with a projected population growth of 2.8% over the next five years. Together these residents make up a total annual consumer spending of nearly $3.2 billion, almost $350 million of which was on food and drinking establishments last year. This prominent position and access, along with a high quality of living and friendly business environment, serve to boost the economic growth of Kalamazoo and make it an excellent area to locate a company.
Lot Frontage: 79'
Lot Depth: 187'
Zoning Description: The CC, Community Commercial district is intended to accommodate larger community and regional shopping centers that serve a community-wide market area.
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,667 90,569 161,353
Median Age: 40.87 32.17 33.8
Households: 4,839 36,451 65,925

Contact

Photograph of Listing Agent

Cole Rathbun

Hinman Company CARWM Member
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